Tuesday , 21 August 2018
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Tag Archives: Joint Venture

Boeing and Embraer establish strategic partnership

American airframer Boeing and Brazilian airframer Embraer have signed a Memorandum of Understanding (MOU) to establish a strategic partnership to form a joint venture comprising the commercial aircraft and services business of Embraer that would strategically align with Boeing’s commercial development, production, marketing and lifecycle services operations. Under the terms of the agreement, Boeing will hold an 80 percent ownership …

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Singapore Airlines – Lufthansa Group joint venture launched

Singapore Airlines and Lufthansa cabin crew image composite by Bangalore Aviation

Star Alliance partners Singapore Airlines and Lufthansa Group have finally launched their joint venture (JV) partnership on October 1, which was originally announced in November 2015. The JV will cover flights between Singapore, Australia and Germany, Switzerland, Austria and Belgium, the four home countries of Lufthansa, SWISS, Austrian Airlines and Brussels Airlines, all part of the Lufthansa Group. Singapore Airlines, …

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Delta, Air France-KLM, Virgin Atlantic to launch combined joint venture

As India’s Jet Airways gets closer to Delta Air Lines, Air France and KLM, the core founders of the SkyTeam alliance, further news of strengthening of these airlines’ 2009 partnership over the busy trans-Atlantic airspace. Delta will invest €375 million investment to acquire a 10% equity share in the Air France-KLM Group. In addition Delta will a seat on the …

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Japan approves Finnair’s inclusion in Japan Airlines British Airways joint venture

By BA Staff Japan’s Ministry of Land, Infrastructure, Transport and Tourism (MLIT) has granted anti-trust immunity to the joint business venture between Japan Airlines, Finnair and British Airways.  This paves the way for Finnair to join the existing joint business venture between Japan Airlines and British Airways. The agreement will allow all three airlines to cooperate commercially on flights between …

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Tatas and Singapore Airlines to form new airline in India

by Devesh Agarwal Taking advantage of India’s recent liberalisation of the aviation sector, the country’s most famous conglomerate, Tata Sons, and flag carrier Singapore Airlines (SIA) have signed a memorandum of understanding and applied for Foreign Investment Promotion Board (FIPB) approval to establish a new airline in India, thus adding a well financed full service carrier with strong customer service …

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AirAsia Announces Termination of AirAsia Japan Joint Venture with All Nippon Airways

AirAsia Japan Airbus A320. Airbus Image.

In a long expected move, Malaysian low cost carrier, AirAsia today announced its decision to terminate its participation in the joint venture with ANA Holdings Inc. under the AirAsia Japan brand with the signing of a termination agreement. The joint venture, created two years ago under the name AirAsia Japan faced many challenges since its launch. Issues stemmed from a …

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